article thumbnail

Do the Rich Use Debt Differently?

Prairie Eco-Thrifter

It was nearly impossible to figure out exactly how the program would work for each query, because, as Bonnie Baker (the engaging and energetic DB2 speaker) used to put it “It depends” Likewise with understanding whether the rich use debt differently than the rest of us… it depends. It depends on how the debt is managed.

Debt 100
article thumbnail

What Is A Personal Loan?

Savings Corner

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses.

Debt 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should You Save Or Invest Your Money?

Prairie Eco-Thrifter

In this article we will look at the pros and cons of saving and investing, as well as reducing debt, as a means of gaining financial security. Saving means that you deposit a sum of money, which you can generally add to over time, into an account with a bank, credit union, savings and loan or other financial institution.

Money 189
article thumbnail

Friday Links – Out of Town Edition

Prairie Eco-Thrifter

Here are some great articles from this week. Check them out: Good Reads From The Blogosphere: Don’t let your Thanksgiving break the bank. Grayson from Debt Roundup recently took out an auto loan and shared the reasons why in his When Opportunity Knocks post. We shall see if I get lucky.

Debt 160
article thumbnail

Refinance Calculator | Bankrate

Savings Corner

The money you tap from your home’s equity can be used to consolidate higher-interest debt or to improve your home. Homeowners who have improved their credit score or lowered their debt-to-income ratio, for example, might be eligible for a better rate today if they refinance. Ideally, you’ll also get a lower rate in the process.

article thumbnail

6 Ways to Earn $600 and More Before This Christmas

Coupons Do Work

Since I do not use a credit card anymore (and read recently that banks are in debt due to too much credit cards out there), why not start saving now, with these easy tips : Want more frugal tips/ articles/ DIY stuff? Banks will pay you for a new account! They switch banks. New Checking Account – yep!

Christmas 153
article thumbnail

How to Get into the Stock Market

Prairie Eco-Thrifter

Those of us who had stocks , bonds, and mutual funds saw our net worth rise, but many (perhaps as many as 50% of us, according to CNN Money article M illions see no benefit from soaring stock prices ) missed out. The market has soared in the past year. If you don’t have any stock market investments, how can you get in on the action?